Friday, 06 July 2007

U.S. Stocks Advance on Takeovers; Exxon Mobil Shares Rise as Oil Climbs

(Bloomberg) -- U.S. stocks rose and the Standard &
Poor's 500 Index headed for the first back-to-back weekly gains
since May, helped by takeovers and improved earnings prospects
for energy companies.

CBOT Holdings Inc., owner of the third-biggest futures
exchange, climbed after the Chicago Mercantile Exchange raised
its buyout offer. Exxon Mobil Corp., the world's largest energy
producer, gained after crude oil rose to a 10-month high.


Read more at Bloomberg Stocks News

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